Gloster Balance Sheet Health
Financial Health criteria checks 4/6
Gloster has a total shareholder equity of ₹10.9B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ₹16.0B and ₹5.2B respectively. Gloster's EBIT is ₹241.6M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹597.6M.
Key information
30.0%
Debt to equity ratio
₹3.26b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹597.63m |
| Equity | ₹10.86b |
| Total liabilities | ₹5.16b |
| Total assets | ₹16.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542351's short term assets (₹3.6B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: 542351's short term assets (₹3.6B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: 542351's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 542351's debt to equity ratio has increased from 2.6% to 30% over the past 5 years.
Debt Coverage: 542351's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542351's interest payments on its debt are well covered by EBIT (3.9x coverage).